Oral Question·Department for Business and Trade
“What steps he is taking to implement the Modern Industrial Strategy.”
Tabled: 22 January 2026Answered: 29 January 2026
Asked by
Luke Akehurst
Labour — North Durham
Answering Minister
the Secretary of State for Business and Trade
Answer from Hansard
The Parliamentary Under-Secretary of State for Business and Trade (Blair McDougall)
We are focused on delivering our industrial strategy so that we are once again a nation that makes things, invents new industries and exports around the world. We are investing £100 billion in industries through the National Wealth Fund, directing £9 billion in research and innovation funding to key growth industries, and bringing forward a huge increase in support for exporters through UK Export Finance.